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Fashion to Furnace: Some luxury gold watches fail the test of timeLuxury watches like Omega Constellation are being melted for gold. High gold prices make metal value exceed resale worth. This impacts used...- RBI MPC: Iran war puts Malhotra & Co in razor-edge policy bind over inflation, growth and rupeeThe Reserve Bank of India faces a difficult interest-rate decision this week as rising oil prices from the Iran conflict, a record-low rupe...
- Resurgent political risk derails rallies across emerging marketsEmerging markets are experiencing a fresh wave of political turmoil, impacting Latin America and Eastern Europe. Upcoming presidential elec...
- India missed out on AI and now its run as market darling may be overIndia faces a significant setback as artificial intelligence reshapes global investments. The nation's stock market is nearing a fall from ...
- India missed out on AI, and now its run as market darling may be overIndia's stock market faces a significant downturn as global investment shifts towards AI. Foreign investors are leaving, impacting market v...
- Robot maker ABB shielded from tariffs in 'robust market'Swiss engineering firm ABB reported strong third-quarter results. Revenue and orders saw significant growth. The company noted a robust mar...
- Swiss bank Julius Baer to cut workforce by 5% in new CEO's shake-upSwiss bank Julius Baer plans to cut its workforce by 5%, or around 400 jobs, as part of cost-saving measures under new CEO Stefan Bollinger...
- Nestle to cut costs by $2.8 billion, boost marketing under CEO FreixeNestle, aiming to revive growth, announced a $2.8 billion cost-cutting plan by 2027, alongside increased investment in advertising and mark...
- Logitech CFO to step down in May, shares fallThe Swiss company said Boyton is leaving for a new career opportunity and that his successor would be announced later.
- GQG Co-founder Rajiv Jain is quietly building a $92 billion stock empire in FloridaIn 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived. The firm lured $8 billion in...
- Recession fears set to split stocks and bonds after summer rallyA near 12% advance in July and August has put US stocks on course for one of their best summers on record. And companies’ bonds have gained...
- Did foreign stock pickers read budget better?Foreign fund managers appeared less convinced of a full-blown stimulus, if various commentaries are to go by.
- Wouldn’t expect a large fiscal stimulus in Budget: Ramiz Chelat, Vontobel Asset ManagementRamiz Chelat, portfolio manager at Vontobel Asset Management, believes a large stimulus in the budget is unlikely as the government is faci...
- India high on foreign funds’ radarEarnings growth in India is expected to be 27 per cent in 2019.
- Economists now say debt relief for Greece is possibleA similar survey shows that 94 per cent of respondents think that debt relief for Greece is not only possible, but very likely.
- Ice Age is coming for Swiss watch makersSwitzerland produces more than half of the world's watches in value even though it only makes a fraction of the timepieces.
- US tax case deal to trigger Swiss bank consolidationSome 106 Swiss banks have reason to believe they may have helped wealthy Americans evade taxes and are facing fines and high legal costs.
- Arisaig India Fund buys Westlife shares for Rs 31.7 crArisaig India Fund today bought more than 9 lakh Westlife Development shares for an estimated Rs 31.7 crore through an open market transact...
- Vontobel Fund buys 6.26% stake in Westlife Developers for Rs 321 croreDecent Enterprises offloaded 14 lakh scrips for Rs 47.74 crore and India Discovery Fund sold 9.7 lakh shares of Westlife Developers for Rs ...
- HUL looking strong on execution front: Rajiv Jain, Vontobel AMPaul Polman has done a tremendous job not just in Europe, but across the board and so we feel pretty comfortable buying them now.
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